I still have a brain bleed over the basic notion - P.A.G.A.N.

1971 - price of gold was $40

Current price of gold 2024 - $2640

Inflation rate over 53 years: 8.2% per year average

You can have a lot of inflation before the monetary system collapses. The amount stolen via inflation was 8% of the entire value of the economy, per year, for 53 years. There hasn't been hyperinflation yet.

Around 30%+ inflation is when people start to feel it. The US economy is very large, so there can be a lot of inflation before it shows up in prices.

Complete thread:

RSS Feed of thread

Modern Monetary Theory - SureThing, 2024-09-17, 02:43
- A good follow-up video - SureThing, 2024-09-18, 01:41
  - They can call MMT anything they like - Cornpop Sutton, 2024-09-18, 04:04
    - debt - ,ndo, 2024-09-18, 16:47
  - Challenge - ,ndo, 2024-09-21, 18:00
    - so no rebuttals then? - ,ndo, 2024-10-04, 18:41
      - Nope but here you go on an MMT response - Cornpop Sutton, 2024-10-04, 21:25
        
        Ultimately the way I see MMT - destruction of the individual - Cornpop Sutton, 2024-10-04, 23:58
        
        Ultimately the way I see MMT - destruction of the individual - ,ndo, 2024-10-05, 18:38
        
        Where MMT probably came from -you guys are barking up the wrong tree - Cornpop Sutton, 2024-10-05, 23:21
        
        Where MMT probably came from -you guys are barking up the wrong tree - FSK, 2024-10-07, 02:28
        
        Choire being preached to - to get back to the video topic - Cornpop Sutton, 2024-10-08, 00:32
        
        Choire being preached to - to get back to the video topic - FSK, 2024-10-08, 00:52
        
        I still have a brain bleed over the basic notion - Cornpop Sutton, 2024-10-08, 01:05
        
        I still have a brain bleed over the basic notion - FSK, 2024-10-08, 22:50
- Government Doesn't Follow The Rules Of Normal People - FSK, 2024-09-19, 00:08
  - Government Doesn't Follow The Rules Of Normal People - ,ndo, 2024-09-20, 01:42

P.A.G.A.N. - People Against Goodness And Normalcy

I still have a brain bleed over the basic notion (Public Board)